Canhas, Madeira, Address available on request

Investment Land with Exclusive Projects and High Rental Potential - Ponta de Sol

This is the investment opportunity youve been waiting for to create a unique and highly profitable real estate project. With a total area of 3,339 m² divided into 4 independent plots, each with its own approved project and individual licence, this property allows for phased constructions based on your occupancy or sale requirements.

Property Highlights:

Located just 5 minutes from the centre of Ponta de Sol, in a peaceful area with stunning, uninterrupted views of the sea and mountains.
South-facing with excellent sun exposure, creating a bright, relaxing atmosphere.
Ideal for a residential or tourist development, conveniently located near public services and local attractions.
Plot Details and Project Potential:
Plot No. 1 - Renovation Opportunity with Pool
Built Area: 404 m².
Description: Perfect for a renovation project, this plot offers a spacious property with a pool and traditional features that can be modernised to increase its value.
Plot No. 2 - Semi-Detached Homes for Holiday Letting
Built Area: 894 m².
Description: A set of semi-detached homes, ideally configured for holiday rentals. Designed to appeal to guests seeking comfort, privacy, and proximity to nature.
Plot No. 3 - Semi-Detached Homes for Holiday Letting
Built Area: 740 m².
Description: Similar to Plot No. 2, this set of semi-detached homes is also ideal for holiday rentals, with excellent ventilation, natural lighting, and accessibility to meet the rental market demand.
Plot No. 4 - Main House with Private Pool
Built Area: 1,163 m².
Description: Spacious, sophisticated main residence with a private pool, perfect for a family home or a long-term rental project.
Additional Features:

Water Tank Access: A separate tank with a monthly capacity of 8 hours that supplies all plots (138 m²).
Project Flexibility: The flexible layout of these plots allows multiple configurations, with the possibility of joining the semi-detached houses on Plots 2 and 3 to create a larger two-bedroom property.
Varied Property Types: Planned projects include five one-bedroom residences (Plots 1, 2, and 3) and one two-bedroom residence (Plot 4) with en-suite bedrooms, ideal for both the tourism and residential markets.
Rental Potential:
With the planned one- and two-bedroom residences, this property offers excellent rental income potential, whether through holiday lets or long-term rentals. Given the demand in Ponta de Sol, this investment ensures high occupancy rates and long-term appreciation.
 today to arrange a visit! This is a rare chance to acquire a versatile property with substantial potential for both appreciation and rental returns.
 ref: 129804